Press release
Pumpkin Candles Market Anticipated to Exceed USD 258.96 Million by 2028, According to TechSci Research
TechSci Research's 2028 outlook on the Global Pumpkin Candles Market reveals that it reached USD 258.96 million in 2022, poised for a 6.15% CAGR during 2024-2028. The market is set for substantial growth due to various factors. Successful innovation and marketing will be key for companies aiming to thrive in this dynamic market.The pumpkin candle market has seen remarkable recent growth, driven by seasonal appeal, changing consumer preferences, aesthetic value, gifting traditions, cultural significance, creative branding, customization, online retail, influencer endorsements, and effective visual merchandising. Expect robust expansion in the coming years.
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https://www.techsciresearch.com/report/pumpkin-candles-market/23346.html
As consumer awareness grows regarding product materials, manufacturers respond by introducing eco-friendly alternatives. The rising popularity of candles crafted from soy wax, beeswax, and other natural ingredients reflects the demand for healthier and more sustainable choices. The holiday season, encompassing Thanksgiving and Halloween, celebrates the tradition of gifting. Pumpkin candles, symbolizing the fall season and providing warmth, stand out as a favored gift choice. Consequently, consumers often buy multiple pumpkin candles to share the cozy ambiance, boosting sales.
Moreover, the increasing emphasis on eco-friendliness and sustainability, along with the use of natural ingredients, aligns pumpkin candles with contemporary consumer values. This dynamic market continuously expands, adapts, and thrives, offering a fragrant embrace to those seeking the spirit of autumn and the comforts of home.
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The Global Pumpkin Candles Market is categorized by type, category, distribution channel, regional distribution, and company.
Soy candles lead the market as the predominant type, commanding the largest market share in 2022. Recognized for their clean burn and enduring fragrance, soy candles are not only cost-effective but also appeal to a broad consumer base.
In terms of regional distribution, North America takes the forefront, securing the largest market share in 2022. This dominance is attributed to the widespread popularity of pumpkin spice lattes and other pumpkin-infused products in the region. Within North America, the United States emerges as the primary market for pumpkin candles, followed by Canada.
The segmentation of the Global Pumpkin Candles Market encompasses type, application, distribution channel, regional distribution, and company. Types include Synthetic Wigs, Human Hair Wigs, and Animal Hair Wigs, while applications are divided into Personal and Commercial. The distribution channel segment features Online and Offline channels. Geographically, the market spans five regions: North America, Europe, Asia Pacific, Middle East & Africa, and South America.
Unlock Essential Insights: Discover the Key Takeaways for Actionable Information!
• Pumpkin Candles Market is expected to grow at a CAGR of 6.15% during the forecast period.
• Pumpkin Candles Market has a valuation of US$ 258.96 Million as of 2028.
• North America currently holds the title of the largest market for Glueless Wigs.
• The rise of e-commerce is providing consumers with more convenient access to pumpkin candles.
• Asia Pacific is projected to witness the fastest growth in the Pumpkin Candles Market throughout the forecast period.
• In terms of type, the cages segment claims the top spot in Pumpkin Candles Market share.
• When considering the sales channel, the online retailers segment takes the lead in market share.
• Focusing on the price range, the premium segment secures the highest market share in the Pumpkin Candles Market.
Competitive Landscape
Tech Sci Research provides a Global Pumpkin Candles market report with customizable options to suit a company's specific requirements. Tailoring options include:
Recent Developments
In 2022, a Colorado-based chef joined forces with the genderless direct-to-consumer fragrance brand Snif for an exclusive candle collaboration, marking a natural progression for the season.
Launched in 2022, the Half Baked Pumpkin Smash Candle by Snif is a unique creation resulting from a collaboration between Tieghan Gerard of Half Baked Harvest and the renowned fragrance and candle brand Snif. Infused with notes of pumpkin spice, whiskey, brûléed orange, salted maple, and roasted chocolate, it brings a distinct sensory experience.
Also debuting in 2022, the Pumpkin & Spice Soy Candle by Calyan Wax Co. offers a soy wax-based option featuring warm pumpkin, sweet brown sugar, caramel glaze, and vanilla notes. Ideal for fostering a cozy and inviting ambiance at home.
Major companies operating in Global Pumpkin Candles Market are:
The Yankee Candle Company, Williams-Sonoma Inc., Holly's House, Gibson & Dehn, Anthropologie's Boulangerie, Williams-Sonoma Inc., C. Johnson & Son, Inc., Bath & Body Works, LLC, C. Johnson & Son, Inc, Our Own Candle Company
Market Segmentation for Pumpkin Candles Market
• Pumpkin Candles Market, By Type:
o Soy Candles
o Paraffin Candles
o Beeswax Candles
o Others
• Pumpkin Candles Market, By Category:
o Mass
o Premium
• Pumpkin Candles Market, By Distribution Channel:
o Supermarkets/Hypermarkets
o Convenience Store
o Online
o Others
• Pumpkin Candles Market, By Region:
o North America
United States
Canada
Mexico
o Europe
France
United Kingdom
Italy
Germany
Spain
o Asia-Pacific
China
India
Japan
Australia
South Korea
o South America
Brazil
Argentina
Colombia
o Middle East & Africa
South Africa
Saudi Arabia
UAE
Turkey
Egypt
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Table of Content
1. Introduction
1.1. Product Overview
1.2. Key Highlights of the Report
1.3. Market Coverage
1.4. Market Segments Covered
1.5. Research Tenure Considered
2. Research Methodology
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
3. Executive Summary
3.1. Market Overview
3.2. Market Forecast
3.3. Key Regions
3.4. Key Segments
4. Voice of Customer
4.1. Brand Awareness
4.2. Factors Influencing Purchase Decisions
4.3. Challenges Faced
5. Global Pumpkin Candles Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Type Market Share Analysis (Soy Candles, Paraffin Candles, Beeswax Candles, Others)
5.2.2. By Category Market Share Analysis (Mass, Premium)
5.2.3. By Distribution Channel Market Share Analysis (Supermarkets/Hypermarkets, Convenience Store, Online, Others)
5.2.4. By Regional Market Share Analysis
5.2.4.1. North America Market Share Analysis
5.2.4.2. South America Market Share Analysis
5.2.4.3. Middle East & Africa Market Share Analysis
5.2.4.4. Europe Market Share Analysis
5.2.4.5. Asia-Pacific Market Share Analysis
5.2.5. By Top 5 Companies Market Share Analysis, Others (2022)
5.3. Global Pumpkin Candles Market Mapping & Opportunity Assessment
5.3.1. By Type Market Mapping & Opportunity Assessment
5.3.2. By Category Market Mapping & Opportunity Assessment
5.3.3. By Distribution Channel Market Mapping & Opportunity Assessment
5.3.4. By Region Channel Market Mapping & Opportunity Assessment
6. North America Pumpkin Candles Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Type Market Share Analysis
6.2.2. By Category Market Share Analysis
6.2.3. By Distribution Channel Market Share Analysis
6.3. North America: Country Analysis
6.3.1. United States Pumpkin Candles Market Outlook
6.3.1.1. Market Size & Forecast
6.3.1.1.1. By Value
6.3.1.2. Market Share & Forecast
6.3.1.2.1. By Type Market Share Analysis
6.3.1.2.2. By Category Market Share Analysis
6.3.1.2.3. By Distribution Channel Market Share Analysis
6.3.2. Canada Pumpkin Candles Market Outlook
6.3.2.1. Market Size & Forecast
6.3.2.1.1. By Value
6.3.2.2. Market Share & Forecast
6.3.2.2.1. By Type Market Share Analysis
6.3.2.2.2. By Category Market Share Analysis
6.3.2.2.3. By Distribution Channel Market Share Analysis
6.3.3. Mexico Pumpkin Candles Market Outlook
6.3.3.1. Market Size & Forecast
6.3.3.1.1. By Value
6.3.3.2. Market Share & Forecast
6.3.3.2.1. By Type Market Share Analysis
6.3.3.2.2. By Category Market Share Analysis
6.3.3.2.3. By Distribution Channel Market Share Analysis
Explore Related Consumer Product Research Reports:
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Luxury Candle Market: The luxury candle market reached a valuation of USD 1.10 billion in 2022, with a projected Compound Annual Growth Rate (CAGR) of 9.82%.
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Life Jacket Market: Life Jacket Market was valued at USD 1.53 billion in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 8.3% through 2028.
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Ceramic Tableware Market: Ceramic Tableware Market has valued at USD 53.63 billion in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 6.24% through 2028.
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Contact
TechSci Research LLC
420 Lexington Avenue, Suite 300,
New York, United States- 10170
Tel: +13322586602
Email: sales@techsciresearch.com
Website: www.techsciresearch.com
About TechSci Research:
TechSci Research is a management consulting firm centered on research, offering global market research and advisory solutions across various industries. The core principles guiding TechSci Research are value, integrity, and insight. With a team of dynamic industry experts at the helm, TechSci Research delivers high-value market research and advisory services to clients worldwide. These services aid in identifying new market opportunities, growth strategies, and innovative approaches to secure market share. Consequently, TechSci's clients are positioned as leaders, pioneering market trends rather than merely following them.
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